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Stocks gain ground at open
U.S. stocks attempted a comeback Friday, opening higher as investors cheered a better-than-expected report on the manufacturing sector.
Traders manipulated oil prices - U.S.
The government charged an oil trading firm Thursday with manipulating oil prices in the first complaint to be announced since the regulators began a new investigation into wrongdoings in the energy markets.
UBS hit with New York auction-rate security suit
New York State Attorney General Andrew Cuomo Thursday brought a multi-billion dollar civil lawsuit against the Swiss banking giant UBS for allegedly pushing everyday investors into buying troubled auction-rate securities.
Weak economic data boost bond prices
Treasury prices were higher Thursday on worse-than-expected unemployment claims data and existing home sales, indicating that the economy is still under pressure and providing motivation for investors to seek the safety of longer-term government bonds.
Dollar hits two-week high vs. euro
The dollar jumped to a two-week high against the euro Wednesday, spurred by falling oil prices and apparent weakness in the European economy.
UBS hit with New York auction-rate security suit
New York State Attorney General Andrew Cuomo Thursday brought a multi-billion dollar civil lawsuit against the Swiss banking giant UBS for allegedly pushing everyday investors into buying troubled auction-rate securities.
Why Genentech will say 'yes' to Roche
As Genentech's board weighs Monday's $43.7 billion merger proposal from Roche, the South San Francisco biotech has one overarching reason to fall deeper into the arms of the Swiss drug maker that already owns most of its stock: Genentech's "biological clock" is ticking.
Dollar hits two-week high vs. euro
The dollar jumped to a two-week high against the euro Wednesday, spurred by falling oil prices and apparent weakness in the European economy.